RE: Only sells today...8 Mar 2024 08:45
Captain
I don’t really trade anymore. I have a few stocks that I believe will do well. I now look at stocks mainly for fun. However, one I am in:
MCG is undervalued. It will return to the 85-90p range soon. Will at least double in time. Was national express and the issue is many just think buses in the UK. They have been hoovering up contracts, got debt under control and made badly needed changes.
It isn’t perfect but it is one stock that, as it isn’t sexy, is overlooked and hasn’t recovered from covid yet despite good fundamentals. Directors also bought in.
With fuel costs stable and many competitors no longer around this will do well imo. It is also prime for a takeover. It reminds me of Menzies - that 4 times bagged for me !
Just as a guide - this was 445p before the pandemic !